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Dec 1, 2012
12/12
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president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal must have been absurd that he laughed out loud would have been fan tast tic to see. >> andrea: there is a second stimulus. all spending and taxing. how would you feel if the republicans walked away? something you celebrate? >> bob: if they walked away permanently celebrate it particularly. look, the republicans, the question i've got here is why are you putting at risk all the things you talk about? the recession and the dire things, for the sake of people at the top 2%. i don't understand that. >> eric: you are not being fair. >> bob: what do you mean? >> eric: that there will be a recession if
president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal must have been absurd that he laughed out loud would...
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Dec 3, 2012
12/12
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at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have to go up to 39.6%. >> i still think the white house is willing to settle for something in the middle there above the bush tax rate but maybe not all the way back up to clinton, maybe not 250 and above, maybe 500. i think there are moving parts there. i think he says in every speech he goes out there and gives the hard line message to the base i'm not going to be the woos you thought i was last time. he says i want to compromise and we all have to get out of our comfort zone. i want a deal. >> and republican senate leader machine mcconnell added another wrinkle to this afte
at the end of the day president obama is selling a very simple message. i want to keep taxes low for middle class americans and republicans, i'm worried, are in the position of looking as if they don't care about the middle class and want to keep tax rates low for wealthy americans. >> one of the things that struck me in my interview with tim geithner, the republicans were a little unclear. he said the bush tax rates had to go up but not all the way up and geithner said they had do have...
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Dec 3, 2012
12/12
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KPIX
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he has drawn a hard line saying the obama administration will refuse any fiscal cliff deep that does not include a tax hike on the richest americans. geithner remains optimistic despite harsh words from republicans. >> reporter: with the clock ticking in washington and the fiscal cliff moving closer every day, tim geithner said they will only approve a plan with tax rates. >> if they are going to force higher rates on virtually all americans, because they are unwilling to let tax rates go up on 2% of americans, then that's the choice they're going to have to make. >> reporter: geithner presented his plan to republicans, calling for $1.6 trillion in revenue and cuts in stimulus spending. he suggested the bush era tax cuts must expire for the wealthiest americans. >> we put forward a very comprehensive, carefully designed mix of savings and tax reforms to help us put us back on a path to stabilizing our debt and living within our means. >> reporter: republicans did not welcome the proposal. >> i was disappointed by the president's proposal. i think it is a rerun of his budget proposal.
he has drawn a hard line saying the obama administration will refuse any fiscal cliff deep that does not include a tax hike on the richest americans. geithner remains optimistic despite harsh words from republicans. >> reporter: with the clock ticking in washington and the fiscal cliff moving closer every day, tim geithner said they will only approve a plan with tax rates. >> if they are going to force higher rates on virtually all americans, because they are unwilling to let tax...
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Nov 30, 2012
11/12
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FBC
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obama is not a businessman. he is an idea log. i think by him doing something to reach out to mitt romney other than a turkey chili lunch, whatever. neil: they had cold cuts. >> and cold cuts. >> i'm thinking like salmon or something elegant, are you going to eat that. >> yeah, look at my office that you do not get, and how about a coil cut. neil: did you see that? like, looky there what do you think of the color scheme, not up to you. >> track records speak for themselves, mitt romney has a track record of great things. neil: look at, that. >> in oval offers. >> romney just within inches of the desk. >> when i worked for giuliani, romney was running, he has been running for a long time. neil: do you think he runs again. >> i do not. neil: who do the think? >> 2016 rubio, and chris christie, a lot of people that a lot of big donors begged to run. neil: tom you are running? >> not yet. >> talk to me. >> when he come back, we have a ton of twitter followers, count john mccain, as one of them. we'lhe tweeted at me about me tt created
obama is not a businessman. he is an idea log. i think by him doing something to reach out to mitt romney other than a turkey chili lunch, whatever. neil: they had cold cuts. >> and cold cuts. >> i'm thinking like salmon or something elegant, are you going to eat that. >> yeah, look at my office that you do not get, and how about a coil cut. neil: did you see that? like, looky there what do you think of the color scheme, not up to you. >> track records speak for...
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Nov 29, 2012
11/12
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FBC
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there's always talk about the election and the winner of obama but the most important market factor in november wasn't necessarily the win of obama over romney but it assures that ben bernanke will be here for a while. all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors confidence as opposed to taking the punch bowl away with quantitative easing of the mitt romney as president so when the fed says they will keep interest rates relatively low we are absolutely low and some time in 2013 you have to believe that. liz: the journal says qe 4 is coming. he is coming up in a minute because he got a big scoop yesterday on q e 4. great to have you on the program. the dow 14,000, you are obviously the bull, what would get us there and in what period of time? >> nice to be on with you. i think when we look at the technicals here we are seeing a strong landscape of many individual stock
there's always talk about the election and the winner of obama but the most important market factor in november wasn't necessarily the win of obama over romney but it assures that ben bernanke will be here for a while. all this talk about the fiscal cliff is peanuts compared to the importance of what is happening in monetary policy. >> that is correct and the fiscal stimulus not so important. ben bernankeemaintaining quantitative easing for prolonged period of time gives investors...
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Nov 29, 2012
11/12
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FBC
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gerri: a lot call obama moves more campaigning. one of the questions that's not answered, andbowles brought it up today. he says democrats he to move on entitlements. should entitlements be a part of the conversation? >> oh, i think they absolutely have to be a part of the conversation. you know, if you look at what's happenedo spending over the last five or six years, and we know what's going to happen over the next 20-30 years, it's going to go up including federal spending as a share of gdp because of the relentless demographics. this is all about health care spending, not just entitlements, but the biggest share of the budget which is all of those programs starting with medicare and medicaid. you can't geout of it without dealing with those, a and bowles is absolutely right. gerri: long way to go. thanks for coming on. appreciate your time. >> sure. thank you. gerri: as a reminder, the revenue from the bush tax cuts would generate just $82.4 billion a year, enough to run the government for ve days. as president obama pushes for
gerri: a lot call obama moves more campaigning. one of the questions that's not answered, andbowles brought it up today. he says democrats he to move on entitlements. should entitlements be a part of the conversation? >> oh, i think they absolutely have to be a part of the conversation. you know, if you look at what's happenedo spending over the last five or six years, and we know what's going to happen over the next 20-30 years, it's going to go up including federal spending as a share...
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Dec 3, 2012
12/12
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everything in obama care that obama didn't want you to focus on or think about, the 90% of his trillion dollar tax increase was pushed over until after he got himself safely re-elected. all those regulations you're now hearing about, ok, that are being talked about, those all hit after the election. we got four bad years of regulation taxes. he wants to add higher taxes to that. tea party two will dwarf tea party one if obama pushes us off the cliff. let's not pretend he isn't pushing us off the cliff. >> maria, the broader question, where is our economy right now as we're tackling this issue? what's the economy doing well? what's it not doing as well? and what will we see over the next four years? >> we are moving at a slow pace. at this point in the recovery, you would expect faster growth, which we are not going. if we go over the cliff, we will go into recession. a couple of industries will feel the hurt more so than others. obviously, defense. and because these are long-term projects, those defense cuts will be felt well into 2013, into 2014. what's doing well? health care is doing
everything in obama care that obama didn't want you to focus on or think about, the 90% of his trillion dollar tax increase was pushed over until after he got himself safely re-elected. all those regulations you're now hearing about, ok, that are being talked about, those all hit after the election. we got four bad years of regulation taxes. he wants to add higher taxes to that. tea party two will dwarf tea party one if obama pushes us off the cliff. let's not pretend he isn't pushing us off...
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lets go of out of politics republicans put out their counter proposal yesterday to you know president obama said. ok here's who i want to raise taxes on now you tell me what you want to cut in the public and said ok cool no tax hikes on the rich but let's raise the eligibility age for medicare let's cut hundreds of billions out of social insurance programs your take on this well my take is that the democrats and the republicans tom are both ignoring the obvious and that is wall street put us here wall street burned down the economy we then gave wall street trillions of dollars for their bad we then gave them bonuses and now if they really wanted to solve this problem they would again have courage to put on the on the table if we want to tax somebody let's tax the people who put us here let's add some type of sales tax to wall street transactions where we're securities are exchanged and in derivatives are sold and bonds are exchanged there's always been this notion we can't tax we can't tax wall street if you put even a fraction of a tax on those transactions tom you would have more than eno
lets go of out of politics republicans put out their counter proposal yesterday to you know president obama said. ok here's who i want to raise taxes on now you tell me what you want to cut in the public and said ok cool no tax hikes on the rich but let's raise the eligibility age for medicare let's cut hundreds of billions out of social insurance programs your take on this well my take is that the democrats and the republicans tom are both ignoring the obvious and that is wall street put us...
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Dec 2, 2012
12/12
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FOXNEWSW
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from your view, susan rice and the obama administration did what? >> guest: well, i think they gave up the most potent weapon that the united states has. the financial weapon. in almost any case that matters to us in the general assembly, we're going to be out-voted unless we're prepared to use the financial weapon. that runs contrary to every multilateralist instinct of the obama white house. they paid a price for it. israel paid a price for it, too. >> eric: why is it seemingly one-sided? i remember when you voted against the human rights council. nine votes against it. us. canada, czech republic, israel, marshall islands, macronesia, palau and nairu. they seem to be the steadfastest allies at the u.n., palau and nairu. >> guest: this demonstrates the permanent anti-israel, anti-american majority in the u.n. it will be broken only by strong measures by the united states. the irony is for those who are strong supporters of the united nations, this resolution dramatically undercuts the u.n. credibilit credibility. weakens the u.n. profoundly. we wil
from your view, susan rice and the obama administration did what? >> guest: well, i think they gave up the most potent weapon that the united states has. the financial weapon. in almost any case that matters to us in the general assembly, we're going to be out-voted unless we're prepared to use the financial weapon. that runs contrary to every multilateralist instinct of the obama white house. they paid a price for it. israel paid a price for it, too. >> eric: why is it seemingly...
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Nov 28, 2012
11/12
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president obama warning that the u.s. economy could head south if washington doesn't find a way to avoid the automatic tax hikes and spending cuts set to start in the new year but we found a ceo who says he is not that worried if a deal isn't reached right away. it might be a good thing to push up against the fiscal cliff. david: joining us the ceo of personal capital and former ceo of paypal and intuit. great to see you. thanks for coming in, bill. first of all we get word today people are more optimistic. the market was up as a result. however we haven't heard any real talk despite coming up against the cliff, you say is a positive thing. it will force people to do the right thing. so spending cuts. if we look what happened in 2009, that is when we get the extra $800 billion stimulus thing, rather than being a one-shot deal, that has continued every year. 2009, 2010, and guess what? it adds up to about what our deficit is. until you deal with the fact that they have continued this $800 billion in stimulus until they cut
president obama warning that the u.s. economy could head south if washington doesn't find a way to avoid the automatic tax hikes and spending cuts set to start in the new year but we found a ceo who says he is not that worried if a deal isn't reached right away. it might be a good thing to push up against the fiscal cliff. david: joining us the ceo of personal capital and former ceo of paypal and intuit. great to see you. thanks for coming in, bill. first of all we get word today people are...
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Nov 30, 2012
11/12
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he has the opportunity to turn whatever package gets done into the obama growth plan or the obama deficit reduction plan and own it and embrace it, and he's not doing that. it is very typical of his leadership. >> the president feels that's why he was re-elected, because this is exactly what he's been running on, this program that he's now proposing here. >> as maria pointed out earlier, he was at $800 billion in revenue. we could with get to a deal quickly. >> why are we so focused on taxes and revenue? let's focus on spending cuts. what's your take on where to cut? seth, moments ago you said, you know, you can't put a knife to some of these entitlement programs. so what are we trying to do here? are we trying to get our arms around the debt and deficits? are we trying to create jobs? what's the goal of this whole charade? >> both. i wouldn't call it a charade. in the near-term, we're trying to keep this recovery going. that's why the payroll tax holiday extension is so needed and the small amount of new investments and unemployment insurance in the president's offer. that has to be bala
he has the opportunity to turn whatever package gets done into the obama growth plan or the obama deficit reduction plan and own it and embrace it, and he's not doing that. it is very typical of his leadership. >> the president feels that's why he was re-elected, because this is exactly what he's been running on, this program that he's now proposing here. >> as maria pointed out earlier, he was at $800 billion in revenue. we could with get to a deal quickly. >> why are we so...
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Nov 29, 2012
11/12
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obama wanted to wash his hands now. je to do something or we will end up with a nasty regime in syria. >> bret: that is it for the panel but stay tuned for more analysis on the nuclear option. >> bret: some some of that has to be harry reid stopping by to block dinners of the mashed potatoes. mitch mcconnell is warning it could get worse. >> in the name of efficiency they would prevent the very possibility of compromise and threaten to make the disputes of the past few years look like mere pillow fights. >> he is
obama wanted to wash his hands now. je to do something or we will end up with a nasty regime in syria. >> bret: that is it for the panel but stay tuned for more analysis on the nuclear option. >> bret: some some of that has to be harry reid stopping by to block dinners of the mashed potatoes. mitch mcconnell is warning it could get worse. >> in the name of efficiency they would prevent the very possibility of compromise and threaten to make the disputes of the past few years...
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Dec 2, 2012
12/12
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the real concern here is that president obama is drawing lines in the sand. some of the lines might not be able to be crossed by the republicans. that gets people increasingly worried that an overall deal can't be reached. hard to imagine in the short-term before cliff by the end of the year, they can't do something to bridge this in to a conversation next year. but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain can't be reached next year. >> eric: martin, do you think a grand bargain won't be reached? >> i think it will. talk about what is going on now here first. you know, the president won the election. he campaigned on the basis of higher rates for the taxpayer income earners. no surprise. the republicans are asking shocked that the president is taking a tough line. i think they expect him to roll over and play dead. that is not the way things work in this town. he won the election. and he told the american
the real concern here is that president obama is drawing lines in the sand. some of the lines might not be able to be crossed by the republicans. that gets people increasingly worried that an overall deal can't be reached. hard to imagine in the short-term before cliff by the end of the year, they can't do something to bridge this in to a conversation next year. but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is...
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Dec 3, 2012
12/12
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. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the president who is unwilling to compromise. and it is time for our sunday group, bill kristol of the weekly standard. mara liasson of national public radio, republican strategist ed rollins and former democratic senator evan byah. you heard for the last half-hour, tim geithner and john boehner, each say they are being reasonable and it is the other side's fault. bill you have been through your share of washington negotiations. what strikes you about what you heard today? >> geithner is in a stronger position, in the respect. the president is net and high can maneuver and say, $1.6 trillion and, they say, $1.1 trillion and speaker beginner has 235 members, and they don't hop to it when he decides to move, he's in a much tougher position structurally and we have seen the history of the show downs, the white house usually wins, and, the main reason why is, he is a unitary executive and, the majority party in congress is in a weaker position. >> chris: m
. >> chris: president obama accusing republicans of being willing to raise taxes on 98% of americans, while speaker boehner says it is the president who is unwilling to compromise. and it is time for our sunday group, bill kristol of the weekly standard. mara liasson of national public radio, republican strategist ed rollins and former democratic senator evan byah. you heard for the last half-hour, tim geithner and john boehner, each say they are being reasonable and it is the other...
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Nov 29, 2012
11/12
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FOXNEWSW
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coming up president obama promised to close gitmo. remember that? democrats may be making a similar promise. this time they want to bring the world's most dangerous terrorist s a lot closer to home. >> she may be a super star but she is not the top earner in the music world. she got beat out by someone who hasn't put out an album in 12 years. first on this day in history in 1972 attar reannounced a release of pong. the first commercially successful video game. >> is that what that looks like? you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. >> an article out today says most lottery winners are no happier than before winning the jackpot. that's a fair trade. how many wouldn't mind being miserable for $550 million. that's right. you live with the pain. you learn to live with the pain. i think that's what happens. >> live with the pain on a beac
coming up president obama promised to close gitmo. remember that? democrats may be making a similar promise. this time they want to bring the world's most dangerous terrorist s a lot closer to home. >> she may be a super star but she is not the top earner in the music world. she got beat out by someone who hasn't put out an album in 12 years. first on this day in history in 1972 attar reannounced a release of pong. the first commercially successful video game. >> is that what that...
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Dec 6, 2012
12/12
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obama's effectiveness so far a little bit. obama doesn't talk a lot about the poor but in the negotiations, especialfully 2010, the president, his team, gene sperling and others were effective in protecting poor people's programs, and benefits, and i think they are going to draw some lines here. the lines are just not going to be identical to the ones two years ago. >> i'm definitely on obama's side and i appreciate the fact there's a difference between getting the work done. do you want the commercial or the job done? i get that. i'm saying at some point, talking about the attention deficit disorder that this nation suffers from in terms of politics, the poor have to have a spokesperson to articulate their viewpoints, a marion wright etleman, someone who speaks about the devastation the poor endured. there's a value in speaking it into existence so on shows like this or sunday morning programs the poor have a seat at the table. >> think of the man with the golden throat a spokesperson on this hour, which i applaud you. >> whe
obama's effectiveness so far a little bit. obama doesn't talk a lot about the poor but in the negotiations, especialfully 2010, the president, his team, gene sperling and others were effective in protecting poor people's programs, and benefits, and i think they are going to draw some lines here. the lines are just not going to be identical to the ones two years ago. >> i'm definitely on obama's side and i appreciate the fact there's a difference between getting the work done. do you want...
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Nov 29, 2012
11/12
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a replica of the obama's dog complete with little christmas lights in his mouth. and check out this elaborate tree full of colors, 90,000 visitors will pass through the white house this holiday season. if you read only one thing this morning, if you saw your dreams dissolve, the porsche 911, the villa in the south of france gone simply because you didn't hit the lottery, take heart. "time" magazine reports on ten big lottery winners for whom winning may have been the worst thing that ever happened to them. you will not believe piece stories. it's on our facebook page. ital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] [ male announcer ] ...forbusiness.com. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deep
a replica of the obama's dog complete with little christmas lights in his mouth. and check out this elaborate tree full of colors, 90,000 visitors will pass through the white house this holiday season. if you read only one thing this morning, if you saw your dreams dissolve, the porsche 911, the villa in the south of france gone simply because you didn't hit the lottery, take heart. "time" magazine reports on ten big lottery winners for whom winning may have been the worst thing that...
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Nov 30, 2012
11/12
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KNTV
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>>> and white house lunch, president obama d mitt romney face to face for the first time since the campaign, tonight, how it went and what happened. >>> and tonight, the powerball winners, what we know, and who they are, and the secret code that could be in the numbers. nightly news begins now. >>> good evening, at a time when so many people are still suffering, right now tonight more than one month after a monster storm hit a giant population center, today we learned some facts about how this earth is changing and how fast. for starters, polar ice sheets in greenland are melting at five times the pace, than just a few years ago. new research shows that antarctica is melting. while it takes a lot of ice to melt the ocean levels they say that is in fact what is happening. and they believe just an incremental rise in the ocean levels made the damage worse when hurricane sandy hit the east coast and took so much away from us. the big question is the future, of course, and a new kind of normal for all of those living along the water. it is where we begin tonight, our chief environmental affairs
>>> and white house lunch, president obama d mitt romney face to face for the first time since the campaign, tonight, how it went and what happened. >>> and tonight, the powerball winners, what we know, and who they are, and the secret code that could be in the numbers. nightly news begins now. >>> good evening, at a time when so many people are still suffering, right now tonight more than one month after a monster storm hit a giant population center, today we learned...
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Nov 28, 2012
11/12
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FOXNEWSW
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obama and his secretary of state. the most well traveled in modern times. >> i could not be more grateful, not only for your service, hillary, but also for the powerful message that you send. >> but the obama administration no less than its preds so sors has been thoroughly vexed by the middle east, with the syrian regime quashing a two-year uprising that killed more than 30,000 people. where iran despite tough sanctions on the energy sector marches toward a nuclear weapons capability. and where the arab-israeli conflict festers, despite lofty talk from washington early on. >> today you will see an example of the kind of robust diplomacy that the president intends to pursue. >> clinton helped broker this month's truce between hamas and israel but ties with jerusalem frayed since 2009 and other danger spots such as north korea are no less dangerous than they were four years ago. >> she has a small legacy with burma, a positive. but she has a legacy with libya which is at best incomplete and legacy with syria which is s
obama and his secretary of state. the most well traveled in modern times. >> i could not be more grateful, not only for your service, hillary, but also for the powerful message that you send. >> but the obama administration no less than its preds so sors has been thoroughly vexed by the middle east, with the syrian regime quashing a two-year uprising that killed more than 30,000 people. where iran despite tough sanctions on the energy sector marches toward a nuclear weapons...
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Dec 5, 2012
12/12
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CNBC
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. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that view that they should give into what the president is suggesting, at least temporarily, and continue to negotiate on the rest because there's a lot of political pain here for republicans if we do get to the point where we go over the cliff because of those higher tax rate pateryers, guys. >> all right, eamon. thank you. >> the talk continues, but none of it face to face. be sure to catch a liv
. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer...
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i take president obama for his word. what he said publicly at that press conference after his elections. they may have talked about some of those issues. i think they'll have an open channel of communication. >> what are republicans going to be looking for mitt romney to do in the future? >> probably raise more money. he had a great campaign team and staff around him. you know, who he supports in 2016 will matter. if he chooses to do that. >> okay, we have to take one more quick break. as we look at this good samaritan picture, the roundtable is going to weigh in on where they find hope in politics. that's next. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generation
i take president obama for his word. what he said publicly at that press conference after his elections. they may have talked about some of those issues. i think they'll have an open channel of communication. >> what are republicans going to be looking for mitt romney to do in the future? >> probably raise more money. he had a great campaign team and staff around him. you know, who he supports in 2016 will matter. if he chooses to do that. >> okay, we have to take one more...
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president obama thinks they're about fairness. most americans, solid majority, want to see taxes raised on those upper income americans, even though only 19% think it will have much of an impact on deficits. it's not about the fiscal crisis. it's about fairness in the minds of most americans. president obama understands that and republicans don't. >> is that because in your polling day, i always thought that people favored spending reduction and favored smaller government. this may be a mistake that the gop has not emphasized spending cuts. >> they certainly do. most people -- two out of three people want to see a deal that includes both tax hikes and spending cuts. they want to see more spending cuts, but they don't expect spending cuts to come out of this no matter what happens. in fact, the one thing that most people in the middle class believe is that regardless of whether we go over the fiscal cliff or whether a deal is reached to avert that, middle class taxes are going up, and so is spending. so there's a lot of cynicism in
president obama thinks they're about fairness. most americans, solid majority, want to see taxes raised on those upper income americans, even though only 19% think it will have much of an impact on deficits. it's not about the fiscal crisis. it's about fairness in the minds of most americans. president obama understands that and republicans don't. >> is that because in your polling day, i always thought that people favored spending reduction and favored smaller government. this may be a...
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and "the wall street journal," obama's cliff offer spurned. i want to bring in joanne reed and molly ball, political reporter for "the atlantic." good to see both of you. good morning. >> good to be here. >> mitch mcconnell, we are told, literally laughed at the white house's offer. and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> and the speaker tweeted, "how serious is the white house about avoiding the fiscal cliff?" reports suggest, in some cases, not so serious. and also, joanne, what is the strategy here, and is there a risk like looking like you're not really negotiating? >> well, you know, i think what's interesting is that there's the posture that everyone is taking in public, but then what you're hearing behind the scenes is that everyone's sort
and "the wall street journal," obama's cliff offer spurned. i want to bring in joanne reed and molly ball, political reporter for "the atlantic." good to see both of you. good morning. >> good to be here. >> mitch mcconnell, we are told, literally laughed at the white house's offer. and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of...
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this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the white house's hash tag campaign, all of this happen being as a new poll comes out showing that when it comes to who americans trust more on the fiscal crisis, it's a democratic blowout. 56% say they trust the president and the democrats to make a good faith effort to cooperate with republicans. 51% say republicans won't act in good faith. and a whopping 65% support higher taxes on households making more than $250,000 a year. perhaps knowing this, the administration is talking with a little more political swagger. treasury secretary tim geithner drawing another hard line in the sand in this interview with cnbc. >> when it comes to raising taxes on the wealthy, those making more than $250,000, if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest
this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the white house's hash tag campaign, all of this happen being as a new poll comes out showing that when it comes to who americans trust more on the fiscal crisis, it's a democratic blowout. 56% say they trust the president and the democrats to make a good faith effort to cooperate with republicans. 51% say republicans won't act...
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he was the lead dog about going after obama care. well, that didn't work. there was no waterloo. he is somewhat scarred national live now as far as being legislatively inept because he can't work with anybody over on the left or in the center. he is so ideologically bent, i think the heritage foundation is going to be a good home for him and could be a good come back for conservatives because they're in disarray right now. >> you can watch "the ed show" every night at 8:00 p.m. the front page of "the huffington post," "tax me, please please." the seattle times says "license to marry, it's official," more than 200 lbg koups celebrati-- celebrating as they became the first in washington to get same-sex marriage licenses. >> and salon.com getting a little silly and salacious with the world's worst online daters. it looks at the often inappropriate self-portraits that men post on online dating sites. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations thr
he was the lead dog about going after obama care. well, that didn't work. there was no waterloo. he is somewhat scarred national live now as far as being legislatively inept because he can't work with anybody over on the left or in the center. he is so ideologically bent, i think the heritage foundation is going to be a good home for him and could be a good come back for conservatives because they're in disarray right now. >> you can watch "the ed show" every night at 8:00 p.m....
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been perhaps the sharpest critic of barack obama since then. so i don't see them as emerging as very close friends. the second point -- >> in modern times, mitt has not returned to washington for a job. so mitt romney went home whereas other presidential losers have gone back to d.c. to go back to work like a mccain. >> i agree, but it doesn't necessarily mean -- i'm not sure the lunch will help the relationship. it seems to have been worse after the election than before in some ways. the other thing is it would be useful for obama if mitt romney had any pull with actual rops. it's not clear to me if mitt romney endorsed the fiscal cliff deal whether that would make any difference with a sorry. republicans don't really care what mitt romney thinks at this point. so i'm not sure if he has any pull that will make a difference after this meeting even if he and barack obama do become allies. >> do you have expectations? >> it may be a case of keep your trends close and your enemies closer. but at the end of the day, this was a tough race and these
been perhaps the sharpest critic of barack obama since then. so i don't see them as emerging as very close friends. the second point -- >> in modern times, mitt has not returned to washington for a job. so mitt romney went home whereas other presidential losers have gone back to d.c. to go back to work like a mccain. >> i agree, but it doesn't necessarily mean -- i'm not sure the lunch will help the relationship. it seems to have been worse after the election than before in some...
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>> obama overplayed his hand. he thinks somebody made him king. >> right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> the speaker's proposal right now is still out of balance. it's not me being stubborn or patterson. it's just a matter of math. >> there have been no deals of this magnitude made in modern times in congress and forced on a reluctant president. >> the president continues to change the goal posts along this process. >> we're looking for solutions and it doesn't seem, at least from the president's proposal, that he is at all serious about finding the solutions to help our country. >> he thinks somebody's made him king. >> if the president really wants to reach an agreement, he needs to talk to the members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. >> its time for the president and the democrats to get serious about the spending problem that our country has. >> we loo
>> obama overplayed his hand. he thinks somebody made him king. >> right now all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. >> the speaker's proposal right now is still out of balance. it's not me being stubborn or patterson. it's just a matter of math. >> there have been no deals of this magnitude made in modern times in congress and forced on a reluctant president. >> the president continues to change the goal posts...
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president obama, as promised, in his victory speech 23 days ago, is hosting mitt romney, who has made no secret that he really thought that it would be the other way around. and our dan lothian is counting down the minutes, standing by at the white house, even though, dan, you are not invited to the luncheon, nor am i or anyone else at the camera, a mic or even a pen. why is it so private? >> reporter: that's right. oftentimes, the president will have meetings here at the white house, lunches or official meetings, where the president is not invited in. our cameras are not allowed in. sometimes our cameras are allowed in but no editorial presence. this one of those where no cameras allowed in, we're hopeful the white house will take a pick pur and release it to us, but at this point no plans for us to sort of get a peek inside that room and listen in on that conversation. although we hope that there will be some kind of a readout to give us some indication as to what the two politicians discussed. >> you know, dan, oftentimes people say these meetings are just to make nice or to have a
president obama, as promised, in his victory speech 23 days ago, is hosting mitt romney, who has made no secret that he really thought that it would be the other way around. and our dan lothian is counting down the minutes, standing by at the white house, even though, dan, you are not invited to the luncheon, nor am i or anyone else at the camera, a mic or even a pen. why is it so private? >> reporter: that's right. oftentimes, the president will have meetings here at the white house,...
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in 2008, then president elect obama met with john mccain at the obama campaign chicago's headquarters. vice president al gore and george w. bush had a private meeting after gore officially conceded the election. and president clinton gave the defeated bob dole a presidential medal of freedom just days before the second clinton inauguration. other rivals weren't as conciliatory. herbert hoover and franklin d. roosevelt reportedly sat in silence to the inauguration. walter mondale told politico he and ronald reagan never sat down for this kind of conversation. and is a former aide to john kerry told politico that kerry and george w. bush never spoke to one another after john kerry conceded the election. joining me now, pulitzer prize winning columnist for "the washington post" and msnbc analyst eugene erickson. and we have all -- i won't speak for you. i have -- i have more than once, i think, said we will keep in touch, let's keep in touch, to someone i did not then keep in touch with. i don't think i've ever been as phony about it, though, as these two guys today promising to stay in
in 2008, then president elect obama met with john mccain at the obama campaign chicago's headquarters. vice president al gore and george w. bush had a private meeting after gore officially conceded the election. and president clinton gave the defeated bob dole a presidential medal of freedom just days before the second clinton inauguration. other rivals weren't as conciliatory. herbert hoover and franklin d. roosevelt reportedly sat in silence to the inauguration. walter mondale told politico...
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do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the ban
do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price....
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this...
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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president obama wants to fall off the cliff. that's why he wants to go do that to the middle class and blame the republicans. host: caller, we'll leave it there. caller: be on the republican lines say, let them talk. guest: so it may be that this filibuster idea may have more support. democrats don't want to eliminate the filibuster. they want to keep it in place but just want to change the burden and move it to where there's one bite at the apple on a particular bit. so these changes are not earth shaking. one is your perspective on it, whether you're in the majority or minority. but the way you do it becomes an important part of this. that's why the implications here are fairly clear which -- fairly clear. if we end up seeing this happen by call it the nuclear option or defined as the constitutional option that it's perfectly constitutional to change the rules by a majority. but that means on issues from the budget to immigration to many of the other priorities we have, a farm bill that's not yet gone through, we could see ano
president obama wants to fall off the cliff. that's why he wants to go do that to the middle class and blame the republicans. host: caller, we'll leave it there. caller: be on the republican lines say, let them talk. guest: so it may be that this filibuster idea may have more support. democrats don't want to eliminate the filibuster. they want to keep it in place but just want to change the burden and move it to where there's one bite at the apple on a particular bit. so these changes are not...
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cuccinelli, he sued over obama care, lost. sued the epa, lost. is there anything more dangerous to a political party than a leader who consistently picks fight he loses? >> how many times do you have to lose to be kaumd a loser. >> right. >> let's be honest about this, you have -- and i'm a resident of the commonwealth of virginia. >> you are, indeed. you know this man. >> well, actually no, i really don't. i don't care that he's a republican. to me it's not about your political ideology. it's about whether or not you think people ought to have equal rights. the theory of separate but equal is no longer the law of the land. under the 14th amendment we've said, and look at the panel you have on the screen now, you have a gay man, latino woman, and an african-american woman. under mr. cuccinelli's sort of theory of law, the 14th amendment doesn't apply to me as a gay man. he said so in 2010. under mr. cuccinelli, who wants to be the governor, my governor, he thinks, he believes that, in fact, the 14th amendment, which the commonwealth of virginia r
cuccinelli, he sued over obama care, lost. sued the epa, lost. is there anything more dangerous to a political party than a leader who consistently picks fight he loses? >> how many times do you have to lose to be kaumd a loser. >> right. >> let's be honest about this, you have -- and i'm a resident of the commonwealth of virginia. >> you are, indeed. you know this man. >> well, actually no, i really don't. i don't care that he's a republican. to me it's not about...
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the republican plan would raise tax revenue by not extending the current obama cut in payroll taxes. but the republican plan still refuses to raise the top income tax rates. yesterday, treasury secretary tim geithner made it clear that there can be no deal without higher top tax rates. >> last question, can you promise that we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the republicans that are now opposing increases in tax rates. if they recognize the reality that we can't afford to extend those tax rates, then we have a basis for the agreement and that's going to be the responsible thing to do and my judgment is they are going to do it. >> joining me now, ezra klein, huffington post, ryan grim. ezra, what do you make of the boehner proposal that was kind of cribbed from erskine bowles? >> two things. one, republicans are terrified about by the polls showing that they are going to immediately get blamed if they are not willing to compromise. the reason you initiate the bowles' plan is you say, look, they are going along with t
the republican plan would raise tax revenue by not extending the current obama cut in payroll taxes. but the republican plan still refuses to raise the top income tax rates. yesterday, treasury secretary tim geithner made it clear that there can be no deal without higher top tax rates. >> last question, can you promise that we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the republicans that are now opposing increases in tax...
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>> i don't know who else goes at this point unless it's obama himself. it's not like the white house is replete with people. make jack lou. i think there is a lot to be said for the white house and their position is going to be able to go through with tax cuts. you know, the middle-class tax cut's going to go through. the tax increases on the rich is going to go through. >> the president has the leverage. the gop accusing the white house of failing to put forward the specifics. are democrats saying we told you what to expect farce revenues, now tell us what you want. >> i think the democrats are really at this point just trying to play this game of chicken. i've just come from capitol hill just now. there was a press conference with harry reid and senator murray, senator schumer, senator durbin. i think what they're trying to do, this is a very high stakes game of chicken. they're trying to have the other side blink first and put out a detailed proposal they can then pick apart without having to do that first themselves. >> meanwhile we have republican c
>> i don't know who else goes at this point unless it's obama himself. it's not like the white house is replete with people. make jack lou. i think there is a lot to be said for the white house and their position is going to be able to go through with tax cuts. you know, the middle-class tax cut's going to go through. the tax increases on the rich is going to go through. >> the president has the leverage. the gop accusing the white house of failing to put forward the specifics. are...
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the rating creases that president obama and the democrats want? don't increase rates that cap deductions so people will pay more than what the republicans want or is it spending cuts from government? which of those three is the toughest? >> the most important issue is what the tax rates are going to be. all good business people make decisions on after-tax returns with you are looking at a worker you are going to hire or a new piece of equipment or expanding a business you look at the after-tax returns, that goes down as tax rate marginal tax rates go up. that is the big issue. dennis: if my marginal tax rate stays the same but i can't hire tax bill because they kept my deductions aren't i still going to not bought a welding torch i was going to buy? >> that may be. you made me pick one out of three. dennis: the thing we are worried about, there are things you say they can do. they should wait on spending but tell us about changing their tax filing status. >> one of those things we are going to see is a big difference between the personal marginal
the rating creases that president obama and the democrats want? don't increase rates that cap deductions so people will pay more than what the republicans want or is it spending cuts from government? which of those three is the toughest? >> the most important issue is what the tax rates are going to be. all good business people make decisions on after-tax returns with you are looking at a worker you are going to hire or a new piece of equipment or expanding a business you look at the...